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Leases (Tables)
6 Months Ended
May 31, 2020
Leases [Abstract]  
Summary of Lease Assets and Liabilities
The following table presents the
right-of-use
asset and short-term and long-term lease liabilities amounts recorded on the consolidated balance sheets as of May 31, 2020:
 
   May 31, 2020 
Assets
  
Operating lease
right-of-use
asset
  $431,424 
Liabilities
  
Current portion of operating lease liabilities
  $268,341 
Operating lease long term liabilities
   163,249 
  
 
 
 
Total lease liability
  $431,590 
  
 
 
 
Summary of Maturity of the Company's Lease Liabilities
The maturity of the Company’s lease liabilities at May 31, 2020 were as follows:
 
   Future Operating 
Fiscal Year Ending November 30,
  Lease Payments 
2020 (remaining 6 months)
  $142,423 
2021
   284,846 
2022
   23,737 
Less: Imputed interest
   (19,416
  
 
 
 
Present value of lease liabilities
  $431,590 
  
 
 
 
Summary of Remaining Lease Term and Discount Rates
The remaining lease term and discount rates are as follows:
 
   May 31, 2020 
Lease Term and Discount Rate
  
Remaining lease term (years)
  
Operating lease
   1.6 
Discount rate (percentage)
  
Operating lease
   5.3
Summary of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases is as follows:
 
   Three Months Ended   Six Months Ended 
   May 31, 2020   May 31, 2020 
Operating cash outflows from operating leases
  $64,886   $131,186